What 1924 Agreement Reduced German Reparations

Because Austria was “so impoverished” after the war and because of the collapse of the Vienna bank, the Land did not pay reparations “beyond the credit for the transferred goods”. [50] [52] Similarly, due to the collapse of the Hungarian economy, Hungary did not pay for repairs beyond coal deliveries. [50] [53] Turkish reparations were “severely limited given the extent of Turkey`s territorial losses”. However, the Treaty of Sevres was never ratified. When the Treaty of Lausanne was signed in 1923, Turkish reparations were “completely abolished.” [50] Article 231 of the Treaty of Versaille has not been properly translated. Instead of saying “Germany takes responsibility for Germany and its allies, which cause all the losses and damage… “, says the federal government, “Germany admits that Germany and its allies, as perpetrators of war, are responsible for all losses and damages… ». [23] This led to a dominant belief in humiliation among the Germans; The article was considered an injustice and it was considered that Germany had signed “its honor away”. [24] [25] Despite public outrage, the German authorities were aware that “Germany`s position in this matter was not as favourable as the imperial government led German public opinion to believe during the war.” [26] Politicians seeking international sympathy would continue to use the article for its propaganda value and would convince many of those who had not read the treaties that the article involved a war debt. [20] German revisionist historians, who later tried to ignore the validity of the clause, found a ready audience among revisionist writers in France, the United Kingdom and the United States. [27] The purpose of both politicians and historians was to prove that Germany was not solely guilty of the cause of war; if this debt could be disproved, the legal obligation to pay the repairs would disappear. [28] Due to political differences between countries on this issue and the upcoming elections in France and Germany, a conference was not held until June. This delay led to the fall of the government of Brunning.

The Lausanne conference opened on 16 June. However, the discussions were made difficult by the ongoing Global Conference on Disarmament.

Comments are closed.